Jewellery stocks shine despite rise in gold prices; PC Jeweller jumps 9%

Shares of gems and jewellery companies rallied nearly 11 per cent in intra-day trade on the Bombay Stock Exchange (BSE) on Tuesday despite rise in the price of gold. Among listed jewellery and ornament manufacturing companies, PC Jeweller was the top performer, followed by Tara Jewels, Tribhovandas Bhimji Zaveri, Titan and Thangamayil Jewellery. Shares of … Read more Jewellery stocks shine despite rise in gold prices; PC Jeweller jumps 9%

Quick-thinking by owner foils heist attempt at jewellery shop in Bengaluru

A heist attempt by an armed gang at a jewellery shop in Bengaluru’s Vyalikaval was foiled due to the alertness and quick-thinking of the owner. The incident happened at Samrat Jewels, a gold jewellery shop in Bengaluru’s Vyalikaval on Wednesday afternoon, reported Bangalore Mirror. After three men armed with guns entered the shop and opened fire, Rakhi … Read more Quick-thinking by owner foils heist attempt at jewellery shop in Bengaluru

Jewellery, ATM cards, mobile phones, bikes: A thief who stole everything

A man in Greater Noida landed behind bars on Friday, after almost an unabated six-year stealing spree that saw him take anything he could lay his hands on.(Getty Images/iStockphoto) A man in Greater Noida landed behind bars on Friday, after almost an unabated six-year stealing spree that saw him take anything he could lay his … Read more Jewellery, ATM cards, mobile phones, bikes: A thief who stole everything

Banks plan uniform lending policy in jewellery sector

SBI’s total global exposure to the industry is Rs 25,000 crore and the size of this portfolio has remained unchanged from the previous year. Banks led by State Bank of India (SBI) are working on a common policy framework for lending to the gems and jewellery sector, a senior executive said here. The uniform policy … Read more Banks plan uniform lending policy in jewellery sector